Mullingar-based manufacturer of concrete engineering solutions Shay Murtagh is to create 41 new jobs, Ireland’s Jobs Minister Richard Bruton, TD, has just announced. The company is also set to invest around €3m in new technology for the production of precast concrete tunnel segments.
Shay Murtagh Precast provides pre-cast concrete engineering solutions to the Irish and UK infrastructure sectors.
The new jobs are being created to support the company’s export-led growth, as exports account for more than 75pc of its total sales. The new jobs will be supported by the Government through Enterprise Ireland.
Bruton is currently touring the company’s plant, which is based in Raharney, Mullingar.
Shay Murtagh was set up in 1981 and is a second-generation family business. A primary area of focus for the company in recent years has been the UK road and rail infrastructure market, which is valued at stg£4.5bn annually.
Bruton said today the jobs announcement from Shay Murtagh is welcome news for Mullingar and the surrounding region.
The company’s managing director Ciaran Murtagh said the tunnel infrastructure sector has been a key area of focus for Shay Murtagh over the past few years.
"We are delighted to be in a position today where we have not only created 41 new jobs, but more importantly secured the jobs of our existing 75 employees. We have invested a lot of energy in a strategic and focused expansion into the UK infrastructure market," he said.
Enterprise Ireland’s head of construction Brendan Flood said Shay Murtagh was a good example of a company that used modern management to innovate its traditional business to secure solid growth and create local employment.
"Shay Murtagh’s continued growth, in spite of the difficulties in the wider construction sector, is a credit to the strong management team," he said.